The Tokyo-based Jasmy platform has set out to restore and protect the sovereignty of individual data online. Accordingly, Jasmy plans to give consumers control of their data so they can monetize it instead of large tech companies.
This platform issues the JasmyCoin (JASMY) token, which had a unique takeoff after being launched in early 2021. However, it has lost most of its value, and its future looks bleak. Will JASMY manage to climb again and regain its former price level? Let us discuss it in our Jasmy Coin price prediction for the following years.
What Is Jasmy?
A group of former Sony employees created the Jasmy platform. This platform allows online users to own their own data instead of giant tech corporations. Jasmy addresses this issue with an Internet of Things (IoT) platform where users can safely and efficiently manage the data from their devices. Additionally, users can monitor the status of their devices using the same platform. The JasmyCoin (JASMY) utility token powers this decentralized network for IoT devices. It is an ERC-20 token primarily used to pay for data from IoT devices.
JasmyCoin Fundamental Data Analysis
JasmyCoin has a maximum supply of 50 billion JASMY tokens. As of February 3, 2023, there were nearly 46.5 billion JASMY tokens in circulation. With a price of around $0.0056, JASMY is the 139th most valuable cryptocurrency by market capitalization, according to CoinMarketCap. Other relevant data for this token are summarized in the table below.
JASMY Technical Analysis
JASMY did not have an initial coin offering (ICO). According to CoinMarketCap, this token hit the market on February 11 at $1.3. The JASMY price skyrocketed a few days later, reaching its all-time high at $4.99 on February 16. A price correction within the next few days put the price at around $2. By the end of March, the JASMY price declined, settling around $1 during April. The price rebounded in May, going above $2 on May 5. But the token failed to maintain that level. By the end of May, it was trading at less than $1. JASMY continued losing value, trading at around $0.01 by the end of June. The token closed in 2021 at approximately $0.07.
2022 was not better for JASMY. In fact, this token’s price reached its all-time low on December 29, 2022, at less than $0.003. As of January 23, 2023, JASMY traded at around $0.0056, showing some signs of recovery.
JasmyCoin Price Prediction
JasmyCoin Price Prediction for 2024
Some experts say the JASMY price will increase this year, although less rapidly than in 2022. BitcoinWisdom predicts an average price of $0.007 throughout 2024. Accordingly, the JASMY price could reach $0.008 in the year's second half. PricePrediction foresees a similar scenario, with average and maximum prices of $0.008 and $0.009, respectively. TechNewsLeader expects the JASMY price to fluctuate between $0.008 and $0.009 throughout 2024, fueled by optimism about the Jasmy platform attracting more users this year.
JasmyCoin Price Prediction for 2025
In 2025, the JASMY price will continue to increase. BitcoinWisdom forecasts an average JASMY price of $0.017 in 2023, with a possible maximum of $0.018. PricePrediction has again a very similar forecast, with average and maximum prices of $0.016 and $0.019, respectively. For its part, TechNewsLeader expects the JASMY price to fluctuate between $0.017 and $0.020 in 2025.
JasmyCoin Price Prediction for 2030
In the long run, JASMY will increase its price significantly. BitcoinWisdom predicts an average price of $0.043 in 2030, with a possible maximum of $0.044. PricePrediction is much more optimistic, forecasting an average JASMY price of $0.10, possibly reaching $0.12. TechNewsLeader also has an optimistic forecast, with an average JASMY price of $0.11 in 2030. Accordingly, the price could reach $0.13.
Final Thoughts
JasmyCoin is a cryptocurrency backed by a technically-sound project addressing the issue of data sovereignty on the Internet of Things (IoT). As a result, the so-called Jasmy platform might attract many more users in the coming years, thereby increasing the JASMY token’s price. However, despite excellent performance in 2021 and optimistic price predictions, one must research JASMY thoroughly before investing in it.
FAQs
What will be Jasmy crypto in 2025?
Several experts think the Jasmy platform will attract more users in the following years. As a result, the JASMY price could reach a maximum of $0.02.
Is Jasmy a good investment?
It is not easy to answer. The JASMY price plummeted in 2022, reaching unprecedented lows. Yet, many tech experts think the IoT will steadily rise over the following years. If it happens, the JASMY token could increase its value, as some optimistic price predictions indicate.
How high can JasmyCoin go?
Price predictions for the long run vary greatly and are often unreliable. For instance, PricePrediction indicates that JASMY could reach a maximum price of $0.25 in 2032.
Where can I buy JasmyCoin?
LetsExchange.io lists the JASMY token for trading. You can get this digital asset at competitive rates on our platform without mandatory registration.
Disclaimer
Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.
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